507 Bayfield Drive 707, Jefferson, WI 53549
Large duplex featuring three bedrooms, three baths, and attached garages.
- Added:
- Jan 31, 2025
- Days on Market:
- 512
- Last Refresh:
- Mar 17 at 1:19 pm
Property Features for 507 Bayfield Drive 707
General Information
- Standard status
- Active
- Size
- 3,600 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1992
Listing office CENTURY 21 Endeavor
Listing date Jan 31, 2025
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 Endeavor
HighLights
- Large duplex totaling over 3,600 sq ft.
- Each unit features 3 bedrooms and 3 bathrooms.
- Enjoy the convenience of a 2‑car attached garage for each unit.
- Situated on a corner lot.
- Benefit from a newer roof.
- Built in 1992.
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $58.3k | $16.20 |
| − Vacancy | −$3.8k | −$1.05 |
| EGI | $54.5k | $15.15 |
| − OpEx | −$16.4k | −$4.54 |
| NOI | $38.2k | $10.60 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Jefferson
- County
- Jefferson
- State
- Wisconsin
- Longitude
- -88.8155704
- Latitude
- 43.0134298
